Turkey has replaced Canada to become the world’s 14th top military spender in 2013, according to figures released on April 14 by Stockholm International Peace Research Institute (SIPRI).
The report said Turkey’s military expenditure totaled $19.1 billion last year, a share of 2.3 percent of GDP, which ranked it in 14th place in the list, up from 16th the previous year. Between 2004 and 2013, Turkey’s military spending increased by 13 percent in real terms.
Global military expenditure totalled $1.75 trillion in 2013, a fall of 1.9 per cent in real terms since 2012, the report said. The fall in the global total comes from decreases in Western countries, led by the United States, and despite increases in all other regions. In fact, military spending in the rest of the world excluding the U.S. increased by 1.8 percent. […]